Andrew shareholders approve deal with CommScope

By Lisa Kerner

Charlotte, N.C., Dec. 10 - Andrew Corp. shareholders voted "overwhelmingly" to approve the company's merger agreement with CommScope Inc. at a special meeting on Monday.

The merger is expected to close on Dec. 27, according to an Andrew news release.

On June 27, Andrew agreed to be acquired by CommScope for $15 per share in a cash and stock deal valued at an estimated $2.6 billion.

Andrew will become a wholly owned subsidiary of CommScope while retaining its Chicago-area presence.

CommScope, located in Hickory, N.C., provides infrastructure solutions for communication networks.

Andrew, based in Westchester, Ill., manufacturers and delivers solutions for the communications infrastructure market.

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